Broward County Commission Regular Meeting

A. MOTION TO ADOPT budget Resolution No. 2018-405 transferring funds within the Transit Operating Fund in the amount of $2,837,780 to cover projected cost increases in fuel and Paratransit services.

ACTION:  (T-2:15 PM)  Approved.  (Refer to minutes for full discussion.)
 
VOTE: 9-0.

B. MOTION TO ADOPT budget Resolution No. 2018-406 transferring funds within the Court Facility Fee Fund in the amount of $15,000 to provide funding for rent for the State Attorney's Office.

ACTION:  (T-2:15 PM)  Approved.  (Refer to minutes for full discussion.)
 
VOTE: 9-0.

Supplemental budgets are required whenever existing revenue sources are increased or decreased, resulting in a change in the total appropriations of a fund.

The primary purpose of this supplemental budget is to make year-end adjustments to facilitate the year-end closing process.

No previous action taken.

THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING YEAR-END ACTIONS WITHIN THE SPECIAL PURPOSE FUNDS:

Staff presents three supplemental budgets per year to the Board. The third supplemental budget is for the purpose of making year-end adjustments to various revenues and appropriations.

TRANSIT OPERATING FUND - $2,837,780 - Funds are transferred from reserves and appropriated to cover fuel, call center, and contract provider costs as a result of increased ridership in Fiscal Year 2018.

COURT FACILITY FEE FUND - $15,000 - Funds are transferred from reserve and allocated to fund the final month of rent for the State Attorney's Office.

Norman Foster, Director, Office of Management Budget, (954) 357-6346